题目内容

For privately held firms, firm specific risk may include lack of product, industry, and geographic diversification; limited management depth, volatile stock markets, and unionized workforces.

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Financial information for both public and private firms is equally reliable because their statements are audited by outside accounting firms to ensure that are developed in a manner consistent with GAAP.

Both public and private firms always attempt to maximize earnings growth.

The assumption of seller liabilities by the buyer in a merger may induce the seller to demand a higher selling price.

The form of payment does not affect whether a transaction is taxable to the seller’s shareholders.

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